Petitions 5766-R of DeMauduit Paper Corp.

2 Cust. Ct. 755

Opinion

Opinion by

Tilson, J.

It appeared that the undervaluation was occasioned by a sharp decline in the French franc and by a change in the basis of appraisement by The customs officials. It was found that there was no intention on the part of the importer to defraud the revenue or to conceal or misrepresent the facts. The petitions were therefore granted.